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Tax-cut Boom -- Trump & GOP were right, Democrats and media flat wrong

Discussion in 'American Politics' started by Mountainmanbob, Dec 24, 2019.

  1. Aryeh Jay

    Aryeh Jay Veteran Supporter

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    And yet President Trump gets a free pass when he takes money approved by Congress for the military and uses it for his wall.
     
  2. rjs330

    rjs330 Well-Known Member

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    Presidents do sign the spending bills. But Congress creates them. Like I said since the 30s Congress was controlled by the Democrats and created the spending. When the Republicans finally got control of Congress during the Cilnton years spending slowed. And Clinton signed the bills. You may now blame the Republicans for massive spending because they have created spending bills. But you can't run from history. And right now the Republicans are creating history. Massive spending. It used to be the Democratics, but no longer.
     
  3. wing2000

    wing2000 E pluribus unum Supporter

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    .....spending slowed in the 1990's because both Congress and the President agreed to cut from both domestic and defense programs. Additionally, the economy was growing at a 4% clip which greatly enhanced revenues....

    I'm not sure what history you think I am running from....
     
  4. Cimorene

    Cimorene Be aware of false prophets Supporter

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    The thread title is the literal opposite of the facts.
     
  5. Ricky M

    Ricky M Well-Known Member Supporter

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    Dang! Can't be letting actual facts get in the way of a good sound bite!
     
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  6. Ricky M

    Ricky M Well-Known Member Supporter

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    True to a point. Rich people don't create jobs, responsible consumers do.
     
  7. TLK Valentine

    TLK Valentine You will be who you will be. We are our choices.

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    Ah, but rich people do create quite a few jobs -- for the politicians they own and their staffs...
     
  8. cow451

    cow451 The Most Interesting Poster in the Forum Supporter

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    The President has the power of the veto, you know.
     
  9. Nithavela

    Nithavela Building a stairway to home depot

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    What's more, McConell won't even consider bringing up any legislation to the vote that he knows the president doesn't approve of. Which is why the senate is sitting on hundreds of bills.
     
  10. jgarden

    jgarden Senior Veteran

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    Tax-cut Boom -- Trump & GOP were right, Democrats and media flat wrong

    Given the $ 1 trillion in borrowed money that the Republicans managed to divert to their wealthy supporters, the average America taxpayer is saddled with paying a hefty price for this "boom#" now and for the foreseeable future!

    The boom has further contributed to the economic disparities that characterize Republican administrations!


     
    Last edited: Jan 1, 2020
  11. LoveOurNeighbor

    LoveOurNeighbor Member

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  12. whatbogsends

    whatbogsends Senior Veteran

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    The "boom" is essentially short term profits today for long term costs. Long term costs are already evident in that Trump's policies have exploded the deficit.

    Additionally, the roll-back of environmental protections will yield long-term environmental costs which future generations will be paying for.

    He's mortgaged our future for a payoff to the already wealthy today.
     
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  13. rjs330

    rjs330 Well-Known Member

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    Of course he does and presidents have used the power to do so. But as you well know Congress has the ability to stuff things into bills, they have the ability to work deals, accuse the president of shutting down the government, all kinds of things. It all about politics. But bottom line is the Democrats were in power until the 90s and spent a lot of money. They have been the traditional spenders. Until the 90s when the Republicans gained control and spending slowed. Until the economy crashed then everyone including the Republicans went on a spending spree which has continued to this day.
     
  14. wing2000

    wing2000 E pluribus unum Supporter

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    ....sure, if one is a big corporation....Axios is reporting:

    Despite receiving a $3 billion tax cut last year, AT&T announced new and expanded alliances with big outsourcing companies to replace workers with foreign or cheaper domestic talent.
    • Like many major U.S. companies, AT&T has been shifting jobs for years now — but 2019 was especially noteworthy, as workers claimed that as many as 3,000 finance jobs were being outsourced to Accenture. AT&T denied the 3,000 figure, but declined to provide Axios with its own number.
    • AT&T also signed multi-year deals with IBM, Tech Mahindra and Amdocs this year. Accenture, IBM and Tech Mahindra were in the top 10 companies to request H-1B high-skilled worker visas this year.

    .....and Happy New Year....

    • [AT&T] Workers described shock and confusion when they were told during a scripted phone call that after a decade or longer at AT&T, they'd have to work for a contractor or resign. Some were told they could not apply for other jobs inside AT&T.
    • Some were told they were needed for a "knowledge transfer" — then tapped to train people on work visas or overseas who would replace them.
    • A presentation obtained by Axios outlining the knowledge transfer process for AT&T and Accenture includes a slide on how to interact with Indian workers.
     
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  15. yougottabekidding

    yougottabekidding Member

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    That is 100% correct - I own a small company and this last 20 months have been the best we have ever seen because of Trumps deregulations and tax cuts. My employees make 8-13% more than two years ago and my commissioned people are doing very well.

    We normally give a weeks wages as a Christmas bonus as a minimum. This years it was close to two weeks wages. so very cool!
     
  16. Vylo

    Vylo Stick with the King!

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    And you will only have to pay for it in crippling disabilities and decades of healthcare cost increases! But don't worry, some will just die, that should cut costs!
     
  17. yougottabekidding

    yougottabekidding Member

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    While that is a Democratic byline - I am just not seeing it. Obama Care destroyed the medical insurance costs for us. After the first three years costs increased 450%.
     
  18. Vylo

    Vylo Stick with the King!

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    You mean your state not taking the medicaid extension. And those numbers seem quite dubious to begin with. Of course Medicare for all would solve the whole issue.

    The costs I am talking about though are from the pollution that this deregulation could easily unleash, and the reckless consumer hazards.
     
  19. yougottabekidding

    yougottabekidding Member

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    It would put my company out of business.
     
  20. Vylo

    Vylo Stick with the King!

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    You are in the medical insurance business?
     
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